Hello ๐ it's me your RAJ ๐ professional trader โจ
This idea ๐ก is completely my own analysis to explain situation _&_ market conditions of BINANCE coin ๐ช How this coin valid for long term ๐ including fud & news ๐๏ธ explained clearly ๐ #DYOR
Key ๐๏ธ points ๐ ๐ here previous basic analysis on BINANCE:BNBUSDT clear observation ๐๐
๐ if highly impossible to break previous low ๐ $183.4 ๐
๐ if low was broken ๐ ๐ there was cme gap untill $35-50 so Max PPL think ๐ฌ we will reach there ๐ it's highly impossible #IMO but if that happens I am ready with backup ๐ฐ
๐ I am not showing wyckoff theory in chart ๐๐ but I used it ๐ if any fud / bad news ๐๏ธ on BINANCE:BNBUSD there will be spring bottom ๐ $160 - $120 ๐ i don't think it goes lower ๐ธ $100
๐ Don't compare this coin with FTXUSD , binance coin will not reach $0 or below $40
๐ one most anticipated and active chain โ๏ธ with more user's ๐ช BINANCE:BNBUSD binance coin ๐
๐ I belive in " CZ " and in his game ๐ฎ play โถ๏ธ more than candles and other coins ๐ If he lose , everything in market going to lose ๐ bcs he bought those top 100 coins ๐ช
๐ More points ๐ will be added in upcoming updates down ๐ this article ๐งพ follow idea ๐ก
๐ Falling widge pattern ๐ 5.5 year's trend ๐ line -> resistance will turn into support now ๐ ๐ wyckoff theory ๐ 1w time frame โฐ ๐ Completing bearish ๐ป wave ๐ ( a , b , c , d & e ) ๐ Oder block + high supply zone at $560 - $600
๐ so far found technical analysis #TA on BINANCE coin ๐ช BINANCE:BNBUSD
Here my accumulation phase ๐ BUYING 80% LIQUID ๐ฐ + 20% backup liquid ๐ฐ
Actually I am expecting even more ๐ but i will update you based on bottom ๐
โถ๏ธ TQ u for supporting ๐ follow idea ๐ก get updates everytime โฐ when I updated ๐
Note ๐
๐ keeping comments , reacting with emojis , pointing us is very easy to some people They think ๐ฌ what they see ๐ that was knowledge ๐
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull ๐ and bear ๐ป is more important